#Laogao E-commerce Newsletter# [E-commerce Morning News on January 14]

Morning News: Alibaba's new round of organization department promotion: 9 people were promoted to vice president or above; Douyin e-commerce plans to add "Strictly Selected Fresh Food" Service Standards; Dingdong Maicai's own hot pot sales of nearly 1 billion and sold a maximum of 200,000 pots per day; Sasha International's online sales of HK$210 million in Q4 2021 increased by 19.9% ​​year-on-year; Alibaba Cloud reached a cooperation with German live shopping platform Ritzi...

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E-commerce newsletter

1. Alibaba's new round of organization department promotion: 9 people are promoted to vice president or above positions

According to January 14, on January 13, Alibaba released a new round of organization department promotion list on the intranet, involving all middle and senior managers who have been promoted to levels P10, M6 (vice president), and M7, involving a total of 37 people. Among them, there are only two executives who have been promoted to M7, namely rookie president Wan Lin and group deputy CFO Xu Hong. Among them, it is worth paying attention to the promotion of Zhang Kaif, Li Bo and Wang Guixin. The three of them are responsible for Alibaba's key businesses. The aggregation taxi business launched by Gaode five years ago was created by Wang Guixin and led a team. It has now developed into the second largest taxi platform in the field of shared travel. (E-commerce News)

2. Douyin e-commerce plans to add "Strictly Selected Fresh Food" Service Specifications"

On January 13, today, Douyin e-commerce issued a notice to collect opinions, saying that in order to protect consumer rights and regulate merchants' business behavior, the "Strictly Selected Fresh Food" Service Standards" were added. According to the announcement, the "Selected Fresh" service refers to the special after consumers purchase fresh products with the "Selected Fresh" service logo on the platform, if they find that the product maturity does not match the description, and the taste/effect does not match the description within 24 hours after signing for it, the merchant will compensate or refund the consumer after verification, and the consumer does not need to return the product's special after-sales service. (E-commerce News)

3. Dingdong Maicai’s own hot pot sales of nearly 1 billion, up to 200,000 pots sold in a single day

On January 13, according to Qianjiang Evening News, Dingdong Maicai’s own hotpot brand "Dingdong Damanguan" has sold nearly 1 billion yuan in sales since it was launched in three months. At the same time, it also set a record of 200,000 pots sold in a single day. This year, Dingdong Maicai innovatively made pre-made dishes into hot pot, and made special dishes with different flavors across the country, including "spicy lamb scorpion", "pepper pork belly chicken", "spicy fat intestine chicken", "tomato beef big bone", and "Yunnan mushroom chicken soup" into the pot bottom. During the New Year’s Festival, Dingdong Damanguan also launched a “Buddha Jumps the Wall Bubble Hotpot”, which contains 7 precious ingredients such as abalone, rice ginseng, and floral gelatin. (E-commerce News)

4. Douyin e-commerce: The Spring Festival platform will not close, express delivery will not be closed

According to January 13, today, Douyin e-commerce announced its Spring Festival logistics policy. Officials said that Spring Festival logistics guarantee services include: the platform is open, express delivery is open, and parcels are not accumulated. According to the protection content, false shipment penalty due to the long-term unupdated logistics trajectory, express delivery guarantee is provided; express delivery performance guarantee, express delivery price guarantee, express delivery customer service guarantee, etc. It is worth mentioning that from 0:00 on January 25, 2022 to 24:00 on February 7, 2022, merchants who participate in the Haowu live broadcast room and continue to open freight insurance can receive a 15% subsidy for freight insurance per order. (E-commerce News)

Internet news

5. Sam's Membership Store APP defaults to five-star praise and is fined 300,000 yuan

According to China Consumer News on January 13, recently, the Guangdong Provincial Market Supervision Bureau released guiding cases of anti-unfair competition law enforcement. Sam's member store's above-mentioned behavior violates the provisions of the Anti-Unfair Competition Law. In accordance with the relevant provisions of the Anti-Unfair Competition Law, the law enforcement authorities ordered him to stop the illegal act and impose a fine of 300,000 yuan. (E-commerce News)

6. Convenience Bee releases the 2022 convenience store New Year’s goods consumption report

According to January 13, Convenience Bee recently released the 2022 convenience store New Year’s goods consumption report. The report found that as young people join the army of New Year’s goods procurement, beverages, milk and biscuits have led the sales volume, becoming the new "Three-piece New Year’s goods set". Following closely behind are wine, nuts, candies and chocolates, especially the performance of wine is impressive. In addition, the sales of protective supplies such as masks, disinfectants, and disinfectants are also showing an upward trend, and the overall situation is relatively stable. (E-commerce News)

Cross-border newsletter

7. Dubai e-commerce logistics startup receives US$700,000 seed round financing

On January 13, Dubai-based e-commerce logistics startup Shorages has raised $700,000 in a seed round of financing to build more warehouses and increase recruitment in the UAE, according to foreign media reports. According to Mordor Intelligence, the UAE freight and logistics market is expected to grow from US$19.65 billion in 2020 to US$31.41 billion in 2026 due to the continued growth of e-commerce throughout the region and the growth of international trade. (E-commerce News)

8. Sasha International's online sales of HK$210 million in Q4 2021 increased by 19.9% ​​year-on-year

According to reports on January 13, Sasha International announced its fourth quarter sales data for 2021. In the three months ended December 31, 2021, the group achieved a turnover of HK$982.3 million, an increase of 4.7% year-on-year, a sharp decline of 53.7% from 2018/19. Sasha International said that the sales of the group's online business increased by 19.9% ​​year-on-year during the reporting period, mainly driven by the group's Hong Kong shopping website updated at the beginning of last year. The group tends to avoid excessive price competition during the "Double Eleven" shopping festival, resulting in sales growth of low unit numbers in third-party platforms during the quarter compared with the same period last year. (E-commerce News)

9. Alibaba Cloud reaches cooperation with German live shopping platform Ritzi

According to foreign media reports, recently, German live shopping platform Ritzi signed a cooperation agreement with Alibaba Cloud Computing. Ritzi will use Alibaba Cloud's cloud computing technology Apsara Live to provide technical support for its platform sellers to "live streaming and selling goods". Ritzi CEO Kai Stubbe said Alibaba Cloud has leading expertise in live shopping, which can help it occupy an important position in the European live streaming market. Currently, in Europe, the live shopping market is still in its infancy, which is a huge opportunity for the company. (E-commerce News)

10. Adjust the time limit and price of the Spring Festival holiday in 2022

According to January 13, today, Kuaiyue Express issued a notice on the 2022 Spring Festival holiday time limit and price adjustment. The notice stated that Kuaiyue Express will start the Spring Festival operation model from January 28, 2022 to February 6, 2022 (the sixth day of the Chinese New Year). Among them, from January 28, 2022 to February 6, 2022, the pieces can be picked up normally. It is worth noting that Juyue Express also stated that due to the restrictions on transportation resources in various places during the Spring Festival peak, starting from January 13, 2022, it will make corresponding adjustments to the prices of products and services in some areas and some routes. (E-commerce News)